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TCM Group A/S

Common Name

TCM Group

Country

Denmark

Sector

Consumer Cyclical

Industry

Furnishings, Fixtures & Appliances

Employees

520

Ticker

TCM

Exchange

NASDAQ COPENHAGEN A/S

Website

www.tcmgroup.dk

Description

TCM Group A/S is a leading furniture manufacturer based in Denmark, specializing in the design and production of kitchen, bathroom, and storage solutions. The company operates mainly within the Nordic... Show more

GHG Emissions Climate Targets EU Taxonomy Energy Waste Management

TCM Group's GHG Emissions Data Preview

In 2024, TCM Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, TCM Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)	2024	2023	2022	2021 - 2017
Total Scope 1 Total direct GHG emissions from categories that are owned or directly controlled by the company.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Total Scope 2 Indirect GHG emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.
Market-Based Indirect emissions from purchased energy calculated using the market-based method, which reflects contractual instruments such as supplier-specific emission factors or renewable energy certificates (RECs).	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Location-Based Indirect emissions from purchased energy calculated using the location-based method, which reflects average emission factors of the local grid.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Unspecified Calculation Method Indirect emissions from purchased energy where the company did not specify a location-based or market-based accounting method.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 3 All other indirect GHG emissions that occur in the company’s value chain, outside of Scope 1 and 2. This includes both upstream and downstream activities.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 1 Revenue Intensity (tCO2e/$M) Total direct GHG emissions from categories that are owned or directly controlled by the company relative to the company's total revenues in USD for the corresponding fiscal year.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000

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$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=TCM&reporting_period=2024"

Verified Sources Behind TCM Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore TCM Group’s data sources below and access millions more through our Disclosure Search.

a. TCM Group's Annual Report 2024

b. TCM Group's Annual Report 2023

Insights into TCM Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofTCM Group amounted to1,211metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).^a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of TCM Groupdecreased by 1.62%, showing that the company has made progress in taking action to reduce the climate impact of its operations.^a

TCM Group's Scope 1 Emissions Over Time

Total Scope 1
Year-over-Year Change

What are TCM Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of TCM Group were 1,195 metric tons of CO₂ equivalent (tCO₂e).^a

Has TCM Group reduced its Scope 1 emissions over time?

Since 2019, TCM Group's Scope 1 emissions have decreased by 16.26%, reflecting a declining long-term trend in Scope 1 emissions over time.^{a, b}

Compared to the previous year(2023), TCM Group's Scope 1 emissions decreased by 1.65%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.^a

What are TCM Group's Scope 2 emissions?

In 2024, TCM Group reported Scope 2 greenhouse gas (GHG) emissions of 16 tCO₂e using the market-based method.^a

Has TCM Group reduced its Scope 2 emissions over time?

Compared to the previous year(2023), TCM Group's Scope 2 emissions(Market-Based) have remained relatively stable, indicating that TCM Group's emissions have plateaued with no significant change in its energy consumption footprint.^a

What methodology does TCM Group use for Scope 2 reporting?

In 2024, TCM Group reported its Scope 2 emissions using the market-based method.^a

TCM Group's Scope 2 Emissions Over Time

Total Scope 2 Market-Based
Total Scope 2 (Unspecified Calculation Method)

Insights into TCM Group's Value Chain Emissions

In 2024, TCM Group reported 107,181 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.^a

The 2024 disclosure of TCM Group includes a breakdown across 0of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.^a

TCM Group's Scope 3 Emissions Over Time

Total Scope 3
Year-over-Year Change

What are TCM Group's Scope 3 emissions?

In 2024, TCM Group reported total Scope 3 emissions of 107,181 metric tons of CO₂ equivalent (tCO₂e).^a

Compared to the previous year (2023), TCM Group's Scope 3 emissions remained relatively stable, indicating that TCM Group's emissions have plateaued with no significant change in its value chain footprint.^a

Insights into TCM Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, TCM Group reported Scope 1 greenhouse gas (GHG) emissions of 1,195 tCO₂e and total revenues of USD 168 millions. This translates into an emissions intensity of 7.12 tCO₂e per millions USD.^a

TCM Group's Scope 1 Emissions Intensity Compared to Peers

How does TCM Group's GHG emissions intensity compare to its peers?

In 2024, TCM Group reported a Scope 1 emissions intensity of 7.12 tCO₂e per millions USD. Compared to the peer group median of 8.76, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.^a

Where does TCM Group rank on GHG emissions intensity within its industry?

In 2024, TCM Group ranked 11 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).^a

TCM Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.^a

Insights into TCM Group's Total Carbon Footprint

In 2024, TCM Group reported a total carbon footprint of 108,392 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.26% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.^a

The largest contributor to TCM Group's total carbon footprint was Scope 3 emissions, accounting for 98.88% of the company's total carbon footprint, followed by Scope 1 emissions at 1.1%.^a

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